Introductory text
Banks And Banking
Approved by both Houses of ParliamentMade 19th February 2009
Laid before Parliament 20th February 2009
Coming into force 21st February 2009
The Treasury, in exercise of the powers conferred by sections 47 M1, 48 and 259(1) of the Banking Act 2009 M2, make the following Order.
The powers in sections 47 and 48 of the Banking Act 2009 are being exercised for the first time and the Treasury are satisfied, in accordance with section 259(4) of that Act, that it is necessary to exercise those powers without laying a draft for approval:
Annotations
Marginal citations
- M1
See also section 83(4) of the Act.
- M2